First Uranium Resources Ltd (TSE:RUA) has released an update.
RUA GOLD Corporation, a newly launched gold exploration company, is commencing a $2.5 million exploration program in New Zealand’s Reefton district, targeting gold-rich prospects with historical significance. The company, which recently started trading on the Canadian Securities Exchange, is leveraging New Zealand’s favorable mining conditions and is led by a seasoned Board of Directors with a successful track record. Initial drilling and sampling at the Pactolus prospect have yielded promising gold assay results, positioning RUA GOLD in proximity to OceanaGold’s accelerating projects.
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